CHEMICAL TESTER MAKES BOOMING START TO YEAR

CHEMICAL TESTER MAKES BOOMING START TO YEAR

ASX-LISTED Campbell Brothers (CPB) today predicted its net profit after tax for the first half of the year would be $130-140 million.

The Milton-based analytical testing and commercial services company’s forecast result represents a 27-37 per cent jump on the previous corresponding six-months to September 30 period.

“This will be a record first-half and is a very positive start to the current year,” says CPB chairman Geoff McGrath (pictured) in a written statement.

“[The result] includes trading for the Eclipse Scientific Group acquired in April 2012 and a full six months of trading related to the Stewart Group, Austpower Engineering and Columbia Analytical Services – which were all acquired in the previous financial year.”

However, CPB warns “uncertainties” and “volatility” in the global economy and resources sector may adversely affect full-year earnings.

“It is our expectation that the rate of growth in the second half of this year will not match the growth rate achieved in the first half,” says McGrath.

The final half-year results will be released in November 2012 while full-year NPAT figures will be announced during May 2013.

Get our daily business news

Sign up to our free email news updates.

 
Finexia’s Childcare Income Fund secures ‘very strong’ rating from Foresight Analytics & Ratings
Partner Content
Private credit specialist Finexia Financial Group (ASX: FNX) has secured a “very...
Finexia
Advertisement

Related Stories

Nicholas Bolton's Keybridge becomes majority owner of Yowie

Nicholas Bolton's Keybridge becomes majority owner of Yowie

Despite a recommendation from the independent directors of confecti...

‘State of war’: the battle behind the scenes that led to a second inquiry into The Star

‘State of war’: the battle behind the scenes that led to a second inquiry into The Star

A siege mentality that amounted to a “state of war” bet...

Global conflicts spark surge in revenue for Sydney defence-tech DroneShield

Global conflicts spark surge in revenue for Sydney defence-tech DroneShield

With $400 million worth of annual hardware production value in mark...

NEXTDC secures $937 million from institutional offer

NEXTDC secures $937 million from institutional offer

NEXTDC's (ASX: NXT) massive raise to speed up the development a...